8 Feb 2009

WASHINGTON (Reuters) – Top aides to President Barack Obama on Sunday urged Democratic and Republican lawmakers to set aside political differences and quickly approve a massive economic stimulus package this week.

"If there was ever a moment to transcend politics, this is that moment," Larry Summers, head of the White House National Economic Council, told "Fox News Sunday."

Yet, with the world watching to see how the new president and Congress respond to the worst U.S. financial crisis in 70 years, more political fireworks were certain at the U.S. Capitol.

Squabbling will resume on Monday when the Democratic-led Senate, with the help of just a few Republicans, votes to end debate on an $827 billion rescue package and clear the way for passage of the measure on Tuesday.

Negotiators will then seek to resolve differences between the Senate bill and an $819 billion version of the measure earlier passed by the House of Representatives without any Republican support.

"Negotiations will be difficult, but fun to watch," a Republican aide said, citing battles on the size and scope of a final package of tax relief and new spending.

Senator Charles Schumer of New York, a member of the Democratic leadership, told CNN's "State of the Union" that the House, Senate and the White House "all agree there has to be some give and take."

Obama has demanded that a final bill be on his desk by next Monday to sign into law.

The president takes his case to the public this week, traveling on Monday to Indiana for a town hall meeting and then returning to the White House for a prime-time news conference. Tuesday he goes to Florida for another town hall.

The political drama is being played out as the Democratic and Republican parties are at odds ideologically, with both claiming popular support.

Republicans stand accused of having driven the country into an economic mess under President George W. Bush, and of pushing a tax-cut agenda that failed to revive the economy and instead helped create a record federal deficit.

Foes accuse Obama's Democrats of seizing on the economic crisis to pump cash into their pet projects and "big government" social agenda under the guise of creating jobs.

The White House itself has been vague about what it wants other than a plan with enough support by Democrats and Republicans to win passage and create jobs.

Appearing on CBS's "Face the Nation," Christina Romer, another top Obama fiscal adviser, said, "If we can get this (rescue) package through, we can turn it (the economy) around and be back on the road to growth."

FAILURE WILL BE "CATASTROPHIC"

Warning that failure is not an option, Romer said if the package falls apart, "I think it would be -- the word the president used was catastrophic."

Seeking to keep Congress focused on the package, the Obama administration on Sunday put off Treasury Secretary Timothy Geithner's announcement of a keenly awaited and separate bank rescue plan that had been expected to be made on Monday.

"We need to get the stimulus package through and we do know that any package to get the economy healthy is going to be more effective if we get the banks healthy, because we have got to get them lending again," Romer said.

Summers, appearing on ABC's "This Week," added, "There's a desire to keep the focus right now on the economic recovery program, which is so very, very important."

Democrats seem to have the votes needed to prevail on the economic stimulus package, the centerpiece of Obama's plan to revive the U.S. economy.

Yet Republicans ripped into Obama, charging he has fallen short of his campaign vow to work with them and promote a new spirit of cooperation in Washington.

"This agreement is not bipartisan," scoffed Republican Senator John McCain, who lost the 2008 White House race to Obama.

Appearing on CBS's "Face the Nation," McCain argued that the package is twice as much as is needed. He also noted just three Republicans in the 100-member Senate back it.

McCain said he believed the rescue package "may help a bit," but will also saddle future generations with increased federal debt.

Senate Budget Committee Chairman Kent Conrad, a North Dakota Democrat, appearing on the same show, accused many Republicans of playing politics.

"I think most of them have made a political calculation that it's better to be in opposition. And you can see that on a political basis because, look, this economy is in desperately serious shape," Conrad said.

Republican Senator John Ensign said he expected the Senate bill to pass. But Ensign said he and other Republicans want time to go through the compromise package that was reached on late Friday and put into written legislation late on Saturday.

"This is almost a trillion dollars. You don't get do-overs with a trillion dollars," Ensign told NBC's "Meet the Press."

(Additional reporting by Mark Felsenthal and Nancy Waitz; Editing by David Wiessler and Jackie Frank)

AMSOIL INC.
Reduces Product Pricing,

AMSOIL Dealers reap huge rewards
as company rolls out several changes.
 


 

... and trends within the Dealer network revealed the opportunity to improve the AMSOIL business opportunity by refocusing our marketing programs.” Price increases at AMSOIL are implemented only to recover costs. In many cases, corporate profits per unit have decreased, but increased sales have helped offset those losses. In fact, AMSOIL was able to avoid any price increases between 1994 and 2003. Since 2003, the profits earned by AMSOIL Dealers have increased significantly across all programs, but not at an equal pace. Since prices must be adjusted for not only increased raw material and operating costs, but also increased commission levels, these increased commission levels directly affect each price adjustment. The high cash commission and commission credit payout of the Retail-on-the-Shelf Program was driving the retail price of AMSOIL products upward more sharply than other AMSOIL programs. In order to ensure wholesale and retail prices remained competitive, AMSOIL froze cash commissions for sales to retail accounts in 2007. “The commission rate on the Retail-on-the-Shelf Program was driving AMSOIL prices out of the competitive range,” said Alexander. “Additionally, the higher commission rate of the Retail-on-the-Shelf Program provided an incentive for Dealers to focus on that program more than the Commercial Program.” AMSOIL has always promoted running a balanced Dealership that establishes a customer base in a variety of AMSOIL programs. Much in the same manner that adopting a diversified investment portfolio can help maintain investment earnings through unstable market conditions, running a balanced AMSOIL Dealership can help the business weather times of economic uncertainty. This has been made more apparent in the recent economic downturn as retail-on-the-shelf sales have been more greatly affected than sales in any other AMSOIL program.

 

Commissions Increase
In addition to reducing product pricing, AMSOIL is adjusting Dealer commissions in the Commercial and Retail-on-the-Shelf Programs to provide greater overall profi ts for Dealers. These changes are the result of ongoing analysis of the AMSOIL business model and the lubricants industry and will provide Dealers with a more sustainable, more profi table, more balanced, long-term business opportunity. “We have been working on this process for several years now,” said Alexander. “In-depth analysis of market trends

In one of the most progressive moves in company history, AMSOIL INC. is simultaneously reducing prices and making several program adjustments that will increase overall Dealer commissions and improve the AMSOIL business opportunity. The price decrease, effective March 1, will mainly affect lubricants. The price of some will go down between 15 cents and 30 cents per quart, representing a 60 cents to $1.20 decrease per gallon, while others will be impacted less. Some adjustments will also be made in the price differential between different package sizes in order to implement more consistency. This unique situation offers many benefits for AMSOIL Dealers.8 AMSOIL ACTION NEWS / FEBRUARY 2009
 

Reduced Pricing
The dramatic rise in the price of lubricants over the past two years has been all-encompassing and well-documented. All oil companies – conventional, synthetic, large and small – have endured a seemingly endless barrage of price increases, most stemming from the skyrocketing price of crude oil. Now that the barrel has plummeted from the highs of last summer, oil consumers, distributors and manufacturers alike are expecting the price of motor oil to follow suit. AMSOIL is no exception; the company has been pressuring its suppliers to reduce prices for several months. After a great deal of negotiating, AMSOIL is finally able to reduce prices for all customers.  “Pricing adjustments are a delicate matter and are taken very seriously,” said AMSOIL Executive Vice President Dean Alexander. “Thousands of Dealers make their living on the ability of AMSOIL to market cost-effective and competitive lubricants – they depend on it, every day. That’s always in the back of our minds as we make these decisions, and that’s why rolling back prices is so satisfying.  ”In 37 years of business, this is the first time the company has been in position to provide an all-lubricant price reduction.  “We’ve been able to reduce pricing of particular products in the past due to our costs being reduced on particular raw materials, but AMSOIL has never been able to reduce pricing on all lubricants at once,” said Executive Vice President Alan Amatuzio. “It is great that we can do this for our Dealers and Preferred Customers, and with the current state of the economy, the timing couldn’t be better.”
 

Decline in Do-it-Yourself Market

Market analysis shows that the retail do-it-yourself (DIY) market is shrinking, while the do-it-for-me (DIFM) and commercial markets are growing. Essentially, fewer consumers are willing to change their own oil; they prefer to have the work done by a quick lube or other local repair shop. The commercial market remains the only market segment showing growth in DIY activity.  Additionally, in a retail scenario, there is no one present to properly explain the cost-effectiveness of AMSOIL products. “That is why [AMSOIL President] Al [Amatuzio] adopted the MLM model in the first place,” said Amatuzio. “Customers shopping in a retail store often shop on initial price alone; they don’t realize that AMSOIL products are actually more cost-effective to use and offer many other benefits that just can’t be conveyed as effectively in a conventional retail setting as it can be through an AMSOIL Dealer.”

As quoted from Feb 09 Amsoil Action News -

 

 

  •  Across your lifetime

    We will decrease the total number of "Train Wreck Repairs" -
    where you must change major power-plant components -
    Engines, Transmissions & Final Drive Gear Boxes -
    in all your motor-vehicles

    Due to Lubrication Failures. - or Over heating conditions .
    ... leading to old age.

     

  •   You will reduce your annual fuel bills.

     

  • You will increase your usable life of your vehicle  - in many instances - over 10 years  - closer to 20 ...and closer to 1 million miles - plus -

    generally speaking with the engine never needing much more
    than water pumps, thermostats spark plugs and belts ...   
        
    all in a million plus miles.

     

  • You - will spend less money that you do - right now.     Period .

    (Compared to 3 month -3,000 Mile Oil Change Services.)

     

  • You will never "Void Your Warranty."      Impossible .    

    Effective July 4, 1975 By:  President Gerald Ford.

     

  •  Guaranteed Fuel Mileage Improvements - for All New Motor Vehicles. - Or your "money back"   - Until May 31st 2009.

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- and how you spend your hard earned income

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